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squaur. if you look at the product environment space, more than 100 million. this is a new business which we started over the last three, four quarters. we are opposed to have a million dollars on our platforms. if you look at client relations, we have 32 new clients in q2 and many of them in the -- segment. so if you look at the indicators, all of them indicate that our specific execution of the direction has early resistance. at the same time, we've said that we are in a challenging economic environment. but we are investing for the future. increasing our revenue from europe and integration. that is not factored into the guidance because the deal is not closed. what does all this mean? early indicators indicate that our execution is yields business. we are confident over the long term. >> your dollar averages are flat. what's going on with your customers at the moment? are they taking a lot longer to make investment decisions and is that giving you less visibility about future guidance? >> there are two parts to the answer. if you look at this quarter, 98% of our revenue came from prepa
sleep. ideally, with your light sleep aspect, you want to have a dark environment. dark environment releases the hormone melatonin, which is your sleep hormone. >> that you put over your eyes. >> when it's light out, your body inhibits the release of melatonin. in a quiet environment, you want to make sure that off quiet environment because that interrupts your sleep cycles, too. >> maybe some ear plugs or white noise. >> ear plugs, or white noise. but when you sleep with the tv on, set the alarm so 20 minutes later it turns off. >> an alarm clock, you say? >> ideally you wake up without an alarm clock. if you need it, use it initially. you want good pillow so that you have the proper biomechanics. >> that's a great looking april low. pretty comfortable? >> tempurpedic. >> napping is okay, but don't throw off your sleep schedule. >> get a schedule, high qualltism it's not about doing more, it's about the highest quality sleep possible. >> and take some vacation time. sleep a lot. mark, thank you. nice to see you. >>> from slum to opera singer, a member of mitt romney's much maligned
strategic goals and plans of the city? >> i think our director of environment in our city has issued a goal for 2020, being mission -- emission free, carbon neutral. that is something that when you think about the economic impact of these new business models, it can contribute quite greatly to that. i am going to answer the question a little bit differently -- i have been inspired by this space considerably. there's a lot more opportunity. cars, so many assets we have in our society. as a city, we own buildings, cubicles, museums, golf courses, so much that we have -- >> yes, but it is our property, right? >> yes. that is a very good point. stewards of these resources, and they are often underutilized resources, so how do we improve access to those? there is a lot to learn from this that could be applied to the public comments. >> thank you. let's open it up. do we have a microphone for people to come to? ok, we will just it old school. if you have a question, raise your hand, and speak loudly. concise questions will be greatly appreciated. >> [inaudible] >> did everyone here that? ok. >> s
clear that the external and internal environment wasn't looking favorable. the prolonged eurozone crisis and the possibility of so-called fiscal cliff in the u.s. is set to further send its dent on the exporters which is of course very important to the economy here. industrial activity also fell for a third month in a row and to top it all off, domestic demand is shrinking. retail sales dipped lower as koreans keep their wallets in their pockets, but all of this is in the cards. what surprised was the sharp cuts to growth projections this year and the next. meanwhile the central bank says its inflation target through 2015 to 3.5%, bok prices remaining low, those expected to stand pat until the end of this year and possibly cut once again in the first quarter of 12013. >> rhie, thanks for that. at the same time, the bank of japan minutes out today. members agree that japan's recovery has delayed considerably and some said they were concerned about the yen's strength. there's also fresh evidence of that slowing growth. core machinery orders in august dropped for the first time in three mon
price to perfection. assumes decent economic environment going forward, could political environment and my concern is a lot of issues coming up. obviously the presidential elections coming up and two parties with diametrically opposed views on how to fix fiscal problems. you have the fiscal cliff. there's a good chance congress will do nothing before the end of the year than the european central bank supposedly put a new program in place to help out troubled countries with their debt by buying it in the secondary markets. when you look behind their announcement a lot of the details are missing and finally from my perspective greece is starting to rear its ugly head again. let's say what happens if greece drops out of the euro? my concern is not about greece but what do spanish depositors thing? are we next? is the government going to turn around and give me the old style -- and i will take 60% hit in my savings? does that started deposit run on spanish banks? dagen: you just scared me quite frankly. what is safe? >> what is safe right now? treasuries are fair value at that stock. it
you could even say we're a little bit ambitious. right. you come in to the environment, many people came in without a job. they were volunteers and want to get a job. some people -- they want to get noticed by the right people. and they, you know, and you have people who have been hired who want maybe more responsibility. right than they probably traditional in their job. and the department heads who are racing against each other maybe to get a little more budget than the other and get a little more turf than the others and you might expect. you have the thing going on it's a chaotic time. you need to get control of this. because, you know, in this environment, where there no sort of norms, it's like building -- it is like building a village from scratch. everybody comes to a place with no rules or enormous, no structures, right, it's like the wild west. and not everybody, you know, some people who, you know, have their own tactics for getting their own way. right. sometimes even good people lose control of the inner jerks. it's a problem early in the campaign. we all have them. com
in the environment changes. fetters we think evolve for originally for thermal regulation to keep their owners warm. some creatures that evolve these fetters decided to adopt a new life sign of flying and the ones with the others were better at it than of the ones that didn't have fenders and at that point of aleutians starts to sculpt feathers to make a more aerodynamic. we can see this in modern birds with perfectly symmetrical fedders so they are still just keeping them warm and flying birds have a symmetrical feathers which give them better aerodynamics. kind of shaping it affect after the change. the idea is a trait designed for one thing gets adapted to something else. in technology, in the history of the creative arts in any field where people are trying to be inventive and imaginative the practice of taking an idea from one place and moving it over and applying it in a new context is incredibly powerful. there's a great story knocked in "where good ideas come from: the natural history of innovation," it came to me afterwards, from apple, the most innovative company in the world right now, w
point here is that people are desperate for some kind of growth in a low-growth environment. there's a company even though it is hard to categorize that's had notable growth. here's another company that's a play on the real estate industry. still right now $32.90 to $33. >> i think it is just going to be a couple minutes, folks. bear with us. >> couple minutes, bob. >> we've got a couple of companies very much on the move. i think this linkedin. very overvalued stock on an earnings basis -- >> you like linkedin. >> you want momentum, linkedin lass it. momentum obviously trumps at times valuation. people saying that the quarter could be much better than spefktespefk expected. johnson controls looks like to be the next one that's going to not be able to make the numbers. wells fargo goes buy to hold. europe, we've totally forgotten the fact that europe -- spain did get downgraded. >> it's funny we haven't mentioned that at all today. >> isn't that incredible? that was the dominant theme in europe that perhaps this downgrade is going to cause the spanish to say, listen, we do need the
be select nif choosing in this environment. >> i guess you'd be selling then because you like the banks. why? >> i think that when you look at some of the large banks, you have rebound in capital market activity. these are banks that generally have taken their cost structures down. you've got a little bit of leverage going on as we speak. i think that's one of the main reasons. >> are you worried about all of these lawsuits? quarter of quarter, just when you think the litigation may be coming to an end, poof, there's more. this is, like, phillip morris of the old days. you're not worried about that? >> we're certainly concerned about it. i think what jpmorgan has done is taken litigation reserves, sometimes smaller amounts and sometimes larger amounts -- >> but that costs money and hurts profits, right? >> it does. but in general, they've beaten analyst expectations even with that. we've got $.5 billion litigation reserve in our estimates for the third quarter. we're at $1.37 well above the consensus. it could even be larger, and they could still beat consensus. >> matt, specifically to well
-rate environment is tough. the spread between deposits and loans narrowing. on the other hand there's pret good activity, housing is picking up, credit is getting better. as we look at the bank earnings we have to differentiate who is hit by that net interest margin issue and who can benefit on the other side. we look at citi and think they can report a good monday on positive-- monday so that could be positive. on the other hand bank of america facing pressures from the deposit versus lending squeeze. >> you told me citi was your top recommendation right now. tell us why? >> well, we look at citi and it's a bank that has not performed as well as some of those other tough ones like bank of america ts year. the one hand. on the other hand we think it's a great play on what the federal reserve is doing. when they put all this money into the economy they are 12i78ity-- stimulating housing. citi has problem relating to housing. they are stimulating emerging markets where citi is the strongest. >> all right, let's take a look at some of your other picks besides citi. you like goldman sachs. you have
francisco has created an environment that embraces and celebrates innovation. innovation is not a significant driver of economic growth, but it enables us to tackle some of the most long-standing problems and historic challenges that we face. that's why i continue to support and promote innovation in both the civic and private sectors to create a better san francisco. and with all of these technology companies that are moving into the city, we need to make sure that our work force is trained and ready to fill these positions. to do this we have launched tech sf with an $8 million dollar grant from the department of labor that will provided case, training and job placement assistance in the tech sector. whether it's for young people coming out of high school or college or people retooling in the middle of their careers or are returning our veterans who want a chance to work in our technology industry, we're working hard to ensure san francisco residents have the skills, the training and the opportunities to work in these jobs. this is a critical step to making sure tha
into politics out of an ideological background. maybe the academic environment or as a writer. or some people come out of a practical background. he comes out of a practical business background. the reason i like him as president is this is what we need right now. we need a practical man. i think president obama is overwhelmed by too much ideology too often. can't see his way through it. i think he has an unrealistic view of the islamic extremist movement. i think it's almost like a fantasy world about it. >> all right, mayor rudy giuliani, good to see you. thank you so much. >>> this morning, jerry hughes is saying in his own words that he didn't do it. armen keteyian is in bellefonte, pennsylvania, where a judge is about to sentence the former penn state assistant football coach. armen, good morning. >> reporter: good morning. today is judgment day for jerry hughes. his sentencing coming a bit more than three months after he was convicted of 45 counts of sexually abusing ten young boys. sandusky is expected to do what he did not do at his trial, to stand up and profess his innocence. but la
stop driving home here, owning expensive stocks risky in an environment when chipotle could be down 100 points. remember that day? that day changed my mind. rain in the risk, even if it means the reward will be crimped. unlike the movies, in real life, greed is bad. michael douglas and more importantly kirk douglas are huge fans of the show. i met them, i'm not kidding and i can just say as a kirk douglas fan, that's as great as it gets. i would link kirk's book if this were amazon, but it's a tv show. safeway meeting reports on thursday. so many -- this is the quarter. anyway so many people have tried to call the bottom in the stock, and all they have is thousands of shopping cartwheel rots on their backs. i'm thinking safeway will be like the checkout line, ten points or less. whole foods, not even that expensive when you factor in the growth rate. a re-enactment of safeway's quarter. okay. now, after the close thursday and this j.b. hunt transport, the trucking company, i don't spend enough time talking about how the truckers are doing. i'm used to the poor performance of a group i d
of serendipitily when the organism in the environment changes. an example of this is feathers. we think feathers evolved to keep their owners warm basically. over time some creatures evolved feathers decided to adopt crazy new lifestyle of flying and ones had new feathers were better at it than ones that didn't have feathers. at one point evolution starts to skult the feathers to make them aerodynamic. so they're still just keeping them warm. flying birds have slightly asymmetrical feathers which gives them better aerodynamics essentially. you can see the shaping of after the change. the idea in accepttationy trait designed for one thing gets designed for something else. in the technology in it history of creative arts, in any field where people try to feel inventive and imaginative, that practice of taking an idea from one place and moving it over and kind of applying it in a new context is incredibly powerful. there's a great story actually not in where good ideas come from that kind of came to me after words, from apple, the most inno site tiff company in the world right now. when apple was t
what the environment is, how long you have been there. you can see it on the screen. >> that is the lobby. we have a huge clock, which nobody really likes. that is the corridor of where the correspondence all live with their helpers. >> is that in normal desk for morley safer read their? >> i confess it is probably neater than normal. >> why the big poster? >> the poster reflects a story i did 30 years ago. on the question of whether a major painting at the metropolitan museum was in fact a fake. it caused quite a controversy, and i had friends at the met who refused to speak for me for 20 years and have since come around. the painting is called "the pickpocket" or "the fee." >> there is a picture of you right there with your old colleagues. >> ed was my next-door neighbor in the office. we went there before anybody else in the morning. we had a morning session over .offee that was an award i got in california. >> how much time did you spend their? >> in the office? >> a lot more now. three or four years ago i decided it was not going to happen -- i was not going to
spooked by the whole thing. a weakening earnings environment with many downcycle but prepare yourself for the duration of this investment cycle which is based on the cycle of growth, corporate profits and consumer demand still strong. liz: jim swanson, msf chief financial strategist. listen, we're above 1425 on the s&p 500. that is the critical level. again, traders all hours they would have to close above 1425. right now about 1428, 1430, nothing above that would be bullish for monday. but we will watch it all the way to the end. now cracking a 20,000 mark on twitter, thank you. still trying to beat charlie gasparino. follow me after the break. stay tuned. [ male announcer ] what if you had thermal night-vision goggles, like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that'shat trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for
earnings are not correlated with the macro environment. ubs writes that alexion is a significant double-digit growth driver but uses the orphan drug model where pricing and reimbursement are insulated, the biotech is up a whopping 400% over the past three years. keep in mind this is a speculative takeout target. another standout stock, gilead sciences is up 70% year-to-date, ubs has it as its top large tech biotech pick, it's attractively trading to a discount to the biotech sector, biogen up 50% in the past year thanks to its strong earnings performance and anticipation riding behind its multiple sclerosis drug bg12 which could get approval by year's end. another is buyout speculation. the firms are on the hunt for under the radar biotech firms, bristol-myers among others making big bets. andrew you've been following that as well. >> thank you for that report. lot of beta. see if there's any alpha. >>> in the next hour of "squawk box" former ubs american chairman robert wolf will join us to talk financials, jobs and the election, mr. obama's favorite banker. and later health care, a ma
the economy in an environment, it's difficult to reduce expenses because a lot of expenses of liquids and economic situation that one related to unemployment benefits. in terms of the financial sector, we have to address a problem of pressure, sending, a problem of capacity and a problem of governance and transparency. most of this issue aren't linked with the savings banks. by definition, they were operating with a degree of concentration with real estate, but there's a lot of albums for these things. in terms of funding, there was working with a stronger to touchÉ and with the capacity in the course of 10 minutes a weaker segment of the sector was much more effective to as a problem throughout the system overcapacity. this is at the overcapacity in the spanish financial site are we'll be in the region of 30%. in this problem is going to be address because as a result of the injection of private sector money, the process is going to take in terms of their restructuring of the sector and is going to alter banks that have been the objects of private sector money injection to restructu
and create jobs and helping environments. we do a tremendous amount for education and veterans. we have hired, and if you're a veteran in this room thank you very much for serving this country, we have hired 4800 veterans this year in the last 18 months or so. there is this thing called 100,000 jobs which we help starting hired 28,000 veterans and we have done 4500 ourselves. while other people are talking, we are doing. before this program we will do 1000 so we try to participate and to me it's all the same thing, healthy vibrant company, makes it all possible. the dying company, now been it is possible. i will put it in that same thing by the way, people say as an employee or shareholder if i don't make customers happy there is nothing else. if our employees don't do a good job -- it's all important to me. i try to run a fair profit, take care of your own people in your clients. let me go back to the mistake issue one more time. here's a question for you all. we have something like $15 billion in exposure in derivatives and hedging and bouncing around. you could easily tell me get it down.
in these situations? and this is an environment. the radio and tv environment, much like the search engine environment, where competition is always a click away. it was not a mouse click away. but competition was always a click away. you did not have to pay to switch. it was easy to switch in those situations. you might see how to market exercise power art to mark the answer is as the exercise market power to the volume and intensity of advertising, advertising is how you make money and the volume of advertising is how you do is how much money you can make. it is easy to start by thanking we did there is a lot of discussion about whether google has market power in the advertising market. that is not the place to start. the place to start is in search engine. a company with a great, successful product. but the company have market power? if they did, how would they go about exercising that? the answer is they would have more advertising. and because ads are a utility for consumers, consumers are not getting the content for free. they are getting the content by bearing the costs of that. i tried this the
is a really hostile environment, and no matter how much you have prepared yourself, you never know how it turns out until you do it for real. >> wow. that is a lot of nerve. he is right. baumgartner is scheduled to jump on tuesday, and he will be up 23 miles in the air when he first jumped and will reach at least 690 miles per hour on the way down. that is remarkable. we wish him luck. >>> today 1,000 pastors plan on getting political, and that could cost them their tax exempt status. in fact, they actually hope it does. we'll explain. >> i encourage you -- 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪ >> announcer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used tom's personal info to buy new teeth and a new car, and stuck tom with the $57,000 bill. [tires squeal] now meet carl who works from the coffee shop an
environment. >> the capstone concept forward says the world is trending towards greater stability, yet it says the world is potentially more dangerous than ever. how will the stability overcome the threat? >> well, you know, when people ask me about afghanistan, the first thing i normally tell them is it's possible for violence and progress to coexist in places like afghanistan. i'd say the same thing about the paradox of stability and threat. they coexist. so i've talked about a security paradox which is violence is at an evolutionary low. and it is, except that the capabilities to impart violence are in the hands of people who heretofore wouldn't have had access to them. so you have a paradox of feeling as though the world is -- this is kind of the tom friedman the world is flat and connected and, therefore, is less likely to fight each other. maybe. but there's also the other school of thought that says it's in the unconnected parts of our globe where violence will be both more prevalent, but also more violent because the instruments of violence are more available now than they've ever been
smith. he you may remember claimed that the bank had a toxic environment the where bankers referred to clients as muppets. the financial times is referring to an internal review found that weeks before smith's public resignation, he complained about his bonus and said he deserved to be paid more than a million dollars. the book, paid $1.5 million for the book. it's all a little -- >> we're saying it's all based on whether they call people muppets. that would be okay if you were doing -- fit's not beg bird, here we are talking about municipmuppe muppets. it's probably like not being client oriented, right? if they were doing everything for their clients but still calling them muppets, it wouldn't be an infraction, would it? >> if he was great for the clients -- >> could be a term of endearment. >> if i called you a muppet, how would you feel? >> i'm not one of those old guys in the balcony. i like those guys. andrew, what are the chances that braunstein goes to goldman and vineyard goes to jpmorgan zero. >> its it's like a wife swapping thing. >> vineyard is going to california to re
environment, it was aa great night, except foo the outcomedavis: 4009 yeah it was aweeome,that's a big here, soowe could be here in - supportinggus, they were awesome tonight. ssrry we couldn't get them a wwn, hammmll 3600 it took me intot he 3rd inning to where i felt strong,,my timing wasstheee and i felt like me again, but the command was better and peel was a lot better too. but its how we breathe through threw adrenaline, and valuable something, its totally for our heart rate to get up - there quick. now ttat everybody had done it ncc, playing a shootout.to build 3 3 northwest baltimore overnight. it happened around 10 p-m on fairlawn avenue near reisserstown road.police tell us she was shot in the head.. and pronounced dead t the scene. maryland braces forr ore cases of meningitis after a third person is iagnosed with the disease.similar to cases nationwiie... the patient had received a steroid injection. it was produced by a specialty pharmacy in massachusetts that sent out 17-thousand vialssof the steroid to nearly onee hundred facilities in 23 states.one of 7 confirmed de
into the political environment so it's kind of unchartered territory for us at this point. so far the reaction to this idea has been fantastic. >> well, the chain got a lot of heat for trying to insert itself into the debate, "dear pizza hut, you're not helping," is the title of the slate.com editorial. the giveaway is still on but the company tells us it's stopped promoting it, asking people instead to express their opinions on pizza online. later on street signs -- obama or romney. the coffee cup wars. we'll have that. >> reminder, cnbc's going to carry the vice presidential debate tonight. it will be live, of course. our coverage will begin at 7:00 p.m. eastern on "the kudlow report" and continue on through the evening. the cnbc twicker will be live on debate night. use #cnbc2012 for a chance to see your tweet roll on the twicker. >>> today's yahoo! finance poll we asked -- how big a threat to the economy is the fiscal cliff? 13% say it is overblown. economy's getting stronger. 67% say it is serious. serious enough to push the country back into a recession. 20% say it is a problem. but i'm
but just the significance of it, the regulatory environment, all of those things came together in a way that maybe she just couldn't foresee. >> susan, thanks for joining us. it is a good read. enjoyed it very much. >> appreciate you having me here. >> great interview there, sue. >>> sprint customers can now pick their own vanity phone number. i'm not kidding. the idea is simple. instead of a ten-digit number you just dial "power lunch" instead. call me. don't go away. ♪ [ piano ] you. we know you. we know you're not always on top of it. and how could you be? that often you just want... quiet. we know all that life demands from you. and how it's almost impossible for you to escape. almost. introducing a car made better for you in every way. the luxurious, all-new honda accord. it starts with you. >>> time for the power rundown. kayla tausche and bob pisani is with me as well. china, those tensions we mention seem to be deepening. nation, now friend or foe to the u.s. and its investors? what do you think, kayla? >> i learned last week that china apparently funds pbs so i'm inclined to
natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> bottom of the hour now. welcome back, everyone. i'm randi kaye. here are a few stories we're watching this morning. new developments in that shooting that killed a u.s. border patrol agent. the fbi now thinks he may have died by friendly fire. 30-year-old nicholas ivie was shot and killed this week in arizona. originally officials said ivie and his colleague, wounded in the incident, came under fire after responding to a sensor that went off, but authorities say the only shell casings found at the scene were those belonging to the agents. >>> ivie is the third border patrol agent killed in the line of duty this year now. >>> an amb
the regulation environment right now. however, wells fargo, jpmorgan, they are expected to have some really decent numbers when they report tomorrow. and the stocks are fairly valued. they're 10 and 11 p-e ratios, stocks up 20, 28 percent so -- 25, 28 percent so far this year. this will be one to watch. i will be live tomorrow morning breaking down all the earnings reports as they come out on the fox business network. watch us. back to you. tracy: thank you very much. ashley: the new james bond movie is out next month. swiss luxury watch maker omega has been dressing the iconic 007 for nearly two decades now. the company's president joining us to talk about whether bond is a good investment. i would imagine -- you have been dressing james bond with his watches now since 1995. thanks for being here. >> nice to be here. ashley: brought a couple of these beautiful watches with you. so mr. bond wears these in the movie? >> yes, he will be wearing the so-called official bond watch. he says he has this watch he owns presently. ashley: two watches which is unusual. >> that's the main one, the offi
up and i think it just really does create the environment that we are actually working in as a government today that we still of continued challenges and continue to go to congress for the policies around in the health care profession, education programs and other basis of that. so the government of a little bit different and we recognize that because we have sovereignty had reservations. but we as people are also a little bit different, too and that is because i think they are so tied to our cultural customs and traditions, our language that are clearly based upon how we are as a people. you call yourself a language warrior and spend the whole chapter on language which we know how important this is but why today as a modern-day indian do we care about language? >> guest: great question. to me this is one of my primary passions, but to me language and culture are the important areas to focus on as the native people. it's a big part of what defines us. and of course, you know, a lot of native people didn't grow up speaking their tribal languages through no fault of their
the ballot measures in 34 states, abortion rights, same sex marriage, the environment, legalizing marijuana, everything is on these ballots so everybody has to not just do the candidates, they have to vote on the ballot issues. and by the way, on that little gender gap, do not worry, there is a genre gap. it's been there every time since 1980. and it is the voice -- we got the woman's vote but for so long they said they vote but all they do is vote according to men's pocketbook. no, that was wrong when i was taught it in my political science classes and it's very wrong now. women are voting their own interest on medicaid, family planning, reproductive rights. i could go on. and that measure -- when you hear that it's disappeared, don't believe that. it has not disappeared. it is the difference between men and women's votes and it's measureable. and it's based not on good looks but on positions on issues. and it will be there, it is there. and always when you hear all these polls, look at the combination of how many democrats they're putting in, how many young people, how many people are col
hall debates. environments can be relatable. mitt romney's achilles heel. >> governor, stick around, you are not done. >> i will give you a few more minutes. >> when vice president joe biden admitted well, sort of, that yes, there is a mask tax hike coming your way courtesy of him. you know the phrase we always use, obama and biden want to raise taxes by a trillion dollars. guess what? yes we do. >> he corrected for that afterwards. but we do want to talk about the gaffe plus whether the mainstream media is giving the v.p. a pass. >> then the ultimatum one employer just gave. get your flu shot or you are out of here. you will be fired if you don't have the flu shot. does that sound fair? we report, you decide after the break. >> mitt romney really on the offensive the other night. he made statements that i think damaged president obama's credibility almost like he was he joe biden. you could feel it bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics.
. if there is demand, that means the housing environment is better. many more people are needing to rent housing than in the recent past. maybe we are getting to more normal balance between people for whom buying a home makes sense and those for whom it's not the right decision at this time. so that has put a lot more pressure on rents and rental prices. rents are going up. that's really a problem at lower incomes where people are competing with a new group of people who have more money to spend and rents going up means a real problem for very low-income people. host: we talk about assistance and breaks for home buyers, but what about renters? what kind of assistance is out there for them? guest: we do have a public housing system and we have vouchers and other such assistance for individuals of low-income. only about a quarter of the people eligible for those programs actually are able to get the benefit. not because they don't qualify but because tre is just not enough money be appropriated to pay for it. host: here's a story in usa today this morning -- what does this mean for home buyers and sell
america and the world create an environment where whoever is in authority and power have to act or pay the price. >> i am optimistic. i do not think the american people will settle for anything less than success, and they are going to drive this debate. as business leaders, our job is to insure the business community is involved in the discussion. if they are, politicians will do the right thing. >> to you think american politicians will do what is needed? >> you will not find pessimist'' up here. we would not do what we do for a living. the problems we face can be solved. americans can be counted on to do the right thing after they have exhausted every other possibility. we would get it done. >> you can never go wrong ending on churchill. thank you for joining me. [applause] >> thank you all for joining us for conversations and power today, and a big thank-you to a keen observer on washington politics and the economy, as well who as a great moderator. and thank you to our panelists. we really appreciate you all being here. i would also like to again thank our sponsors at bloomberg gov
that we have an environment where we can create more -- bernie hasn't got to work a day the rest of his life, bernie and billy are having a wonderful life, god bless this man, he's spending his time and his money getting the message out. we know how to create jobs. we've created them. the point i'm making is the taxes will go up when you have a bigger work base. >> right, and that -- >> that's what he's betting on. >> it's a supply side argument and anyway, we got to run because we have mr. mccain coming up. >> oh, good. >> we do. mitt romney says the middle east has become a more dangerous place during the obama administration. he made his remarks in what his campaign called a major foreign policy speech yesterday in virginia, joining us now is more, senator john mccain, joins us from raleigh, north carolina, where he's campaigning for governor romney. in a nutshell, senator, summarize the points that governor romney made that you think are most spot-on in terms of talking about the middle east and where we are right now. >> well, first of all, could i tell bernie now that he's recover
will compete for the best talents. we have the best environment for that talent. >> energy and then campaign finance. >> you are looking at california right now. their massive increases in the costs. when consumers are paying for gasoline, they're not able to purchase their basic commodities every day. what is happening? governor brown is proposing a relaxation of regulation that impact energy industry. that is clearly a concession that regulation drives the costs of energy. we need to have the same focus of discussion in washington. what is happening in california can happen -- >> i heard about that happening in hawaii. >> if you have a stool with two legs, it will fall over. look at what the canadians did with their cash cow. we can do spending, taxes, and energy with our cash cow. >> tom, you think this will happen with the makeup of the government we have today? >> i think when people figure out there is a big chunk of change and there is a debate of people trying to protect entitlements and those trying to kill energy, who are you going to bet on? -- it will save as much as 50 cents per
guys trying to get at you. and it's a hurried environment. >> but sometimes what might motivate someone if they thought that you were thinking about it. you just want to bolster his confidence. >> no, not bolstering his confidence. we think he's that good. he is that good. i wouldn't look at the numbers too seriously, 31 or 28. a quarterback's job ultimately is to win games. and mark sanchez has proven he can do that. and he can -- like he pulled out a game a few weeks ago at the last couple of minutes and played miami. that was an ugly game. >> you think the jets can beat some of the best teams in the league? >> i think we were very competitive in the last game. >> we were in there all the way to the end, we made some, a little few mistakes and that cost the game. >> -- tebow next year too? >> yeah, absolutely. he'll be with us for three years. and i think he's going to have -- he's going to be a real asset in helping us win games. >> do you know? is he still a virgin? >> i don't really go into that. >> just, you know, inquiring minds want to know. >> inquiring minds want to know. >> n
say make us safer and stronger in this new threatened environment is very curious. i think it does have something to do with them as i started, with a vision that the governor has. if your vision of what's happening in the world is driven by russia's strategic threat and you want to confront china on day one and you want to confront the states, and you want to be hunkered down in the middle east while these transnational threats and substate actors are hitting is very hard, then that's a totally different approach, i agree. if you want to be where the president has been, which is very aggressive against al qaeda, supporting the democratic and moderate forces, during the transitions in afghanistan and iraq, frankly to lighten our burden in the middle east, so we could move into confront other threats of the world. it is a faster, more agile, it is a smarter, tougher and stronger approach. one has to look at the previous administrations. if that's what people want in their security process going forward, they can have it again because it sounds exactly like what it does, is suggestin
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